Trinity Ltd. has agreed to buy British brand Gieves & Hawkes and its business for up to 92.5 million pounds (US$147 million), the high-end menswear retailer said.
The Hong Kong-listed Trinity is controlled by the Fung family, which also owns Li & Fung Ltd.
Trinity already owns Cerruti 1881.
The Fung family / Li & Fung continue buying American and European brands, the last acquisition has been Sonia Rykiel.